Barbra Murray
Americold Pays $108M for Cold Storage Trio
The REIT expanded its portfolio by 17 million cubic feet with the purchase of three temperature-controlled warehouses in Florida and Texas.
Pinterest Walks Away From Massive San Francisco Pre-Lease
Terminating the deal for the 490,000-square-foot SoMa space brings a $90 million cancellation fee but gives the company freedom to pursue a more distributed workforce post-pandemic.
Data Center Real Estate Propelled by Remote Work: CBRE
The 10 most active data center markets in North America all recorded positive net absorption in the first six months of 2020, while showing other signs of pandemic resilience.
PGIM Real Estate Acquires $425M Industrial Portfolio
The investment manager purchased the 4.7 million-square-foot collection of properties in one of the largest U.S. portfolio transactions since the onset of the pandemic.
BLVD Hospitality JV Buys Iconic Santa Monica Hotel
Hodges Ward Elliott arranged the partnership’s acquisition of The Georgian, a historic 84-key property overlooking the Santa Monica Pier.
Los Angeles Regional Food Bank Buys Industrial Asset for $52M
Newmark Knight Frank advised the nonprofit in its challenging search for a warehouse in the metro’s competitive market.
Silicon Valley Office Asset Obtains $155M Refi
Sansome Partners and Hunter Properties have secured CMBS debt for the second phase of the 1.7 million-square-foot Coleman Highline development that is fully occupied by streaming platform Roku.
MOB Sector Boosted by Demand and Capital: Marcus & Millichap
The ongoing rise in nonvirtual outpatient health-care activity and the needs of the aging Baby Boomer population will bolster demand for medical office buildings post-pandemic.
Angelo Gordon Lands $49M Refi for Denver Office Tower
With the assistance of CBRE’s Capital Markets division, the firm obtained a loan for its 17-story Stanford Place III building.
$100M Houston Project Lands Chevron as 1st Tenant
Rice University’s management arm leased space to the energy company at The Ion, an innovation hub that will emerge from the transformation of a former Sears store.